Speed is critical to success of stimulus plan

AUTHOR(S)

Hicks, Mike

PUB. DATE

January 2009

SOURCE

Indianapolis Business Journal;1/12/2009, Vol. 29 Issue 46, p21

SOURCE TYPE

Periodical

DOC. TYPE

Editorial

ABSTRACT

The author reflects on issues concerning the economic stimulus package in the U.S. He argues that the emphasis on infrastructure spending makes the stimulus plan different from others. He cites the problems looming with the plan including the speed with which the stimulus package can affect the economy. He believes that for a stimulus package to be effective, it has to create jobs immediately.